In this project, you will demonstrate your mastery of the following competency:
- Assess current performance of an organization through analysis of financial statements.
Scenario
In Project One: Applying Strategic and Operational Thinking, you prepared Key Performance Indicators (KPIs) for the marketing and sales departments of your product line.
Now, the CEO has provided you with a revised set of KPIs. You need to apply these KPIs toward the analysis of a proposed marketing and sales initiative to increase loyalty card memberships in neighborhoods with predominantly low-income populations, whether the populations are in rural, suburban, or city locations.
The CEO wants this analysis so that she can chart the sustainability and growth of the initiative while assuring it meets standards for Corporate Social Responsibility.
The CEO has provided you with several documents, available in the Supporting Materials section for this project. She wants you to use the provided triple bottom line balanced scorecard to assess the strategic plans compliance with the KPIs and summarize your findings in a memo.
Directions
Complete the following to provide the analysis required by the CEO:
- Identify the financial records that indicate commitment to TBL.
- Outline which financial and other records maintained by marketing and sales provide data showing a commitment to TBL.
- Using the provided TBL scorecard, evaluate the alignment of the strategic plan with KPIs. Remember, this exercise may have multiple outcomes. Your focus should be to apply your understanding of the scenario and evaluate the plan accordingly.
- Which ideas in the strategic plan support the KPI criteria? Cite specific ideas that meet the criteria.
- Explain how the ideas meet the criteria.
- In your memo:
- Describe how the TBL data relates to the KPIs.
- Identify which additional TBL financial line items are needed to measure the cost for each criterion.
For example, should there be a line entry for hiring temporary workers? - Refer back to the SWOT analyses from Project One, and explain how functional considerations of individual departments contribute to financial performance.
What to Submit
To complete this project, you must submit the following:
KPI and Triple Bottom Line Balanced Scorecard
- Complete and submit the . In the scorecard spreadsheet, identify one additional KPI, a related SMART objective, and its measurement criterion. You need to do this for all three elements of TBL: people, planet, and profit. You have been provided with one example for each TBL element.
Analysis Memo
- In a Word document, write a memo outlining your analysis. Ensure that the memo is organized by TBL element with a header for each segment of your analysis. The Word document should use double-spacing, 12-point Times New Roman font, and one-inch margins. This memo should be no more than 6 pages in length, and include references cited in APA format. Consult the for more information on citations.